Tbc
TBC Bank Group PLC, commonly referred to as TBC, is a leading financial institution headquartered in Georgia (GE). Established in 1992, TBC has grown to become a prominent player in the banking sector, primarily serving the Georgian market while also expanding its operations in neighbouring regions. The bank offers a comprehensive range of services, including retail and corporate banking, investment services, and digital banking solutions, distinguished by their innovative approach and customer-centric focus. TBC has achieved significant milestones, such as being listed on the London Stock Exchange, which underscores its robust market position and commitment to transparency. With a strong emphasis on technology and sustainability, TBC continues to set itself apart in the competitive landscape, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does Tbc's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Tbc's score of 68 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tbc's reported carbon emissions
In 2024, TBC Bank, headquartered in Georgia, reported total carbon emissions of approximately 3,534,000 kg CO2e. This figure includes 1,861,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 1,787,000 kg CO2e from Scope 2 emissions, primarily from purchased electricity (1,281,000 kg CO2e). Additionally, Scope 3 emissions totalled about 778,000 kg CO2e, with business travel contributing 392,000 kg CO2e. Comparatively, in 2023, TBC Bank's total emissions were about 4,630,000 kg CO2e, indicating a reduction of approximately 1,096,000 kg CO2e year-on-year. The breakdown for 2023 shows Scope 1 emissions at 1,834,000 kg CO2e, Scope 2 at 1,809,000 kg CO2e, and Scope 3 at 1,120,000 kg CO2e. TBC Bank has set ambitious climate commitments, aiming for net-zero direct environmental impact by 2030. This target encompasses both Scope 1 and Scope 2 emissions, with specific initiatives to raise staff awareness regarding energy consumption and to increase the use of electric vehicles. The bank's ESG strategy also includes a commitment to align with the Paris Agreement targets for GHG emissions reduction, with performance measures in place from 2023 to 2030. Overall, TBC Bank's emissions data reflects a proactive approach to climate action, with significant reductions achieved in recent years and a clear roadmap towards sustainability.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,474,000 | 0,000,000 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,206,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 321,000 | 000,000 | 000,000 | 000,000 | 00,000 | 0,000,000 | 0,000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Tbc is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
